Letshego Holdings (Namibia) Balance Sheet Health
Financial Health criteria checks 2/6
Letshego Holdings (Namibia) has total assets of NAD6.2B and total equity of NAD2.8B. Total deposits are NAD535.7M, and total loans are NAD4.8B.
Key information
2.2x
Asset to equity ratio
n/a
Net interest margin
| Total deposits | N$535.69m |
| Loan to deposit ratio | High |
| Bad loans | 6.7% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | N$294.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: LHN's Assets to Equity ratio (2.2x) is low.
Allowance for Bad Loans: LHN has a low allowance for bad loans (15%).
Low Risk Liabilities: 84% of LHN's liabilities are made up of primarily higher risk sources of funding.
Loan Level: LHN has an appropriate level of Loans to Assets ratio (77%).
Low Risk Deposits: LHN's Loans to Deposits ratio (887%) is high.
Level of Bad Loans: LHN has a high level of bad loans (6.7%).